While people struggle to pay for the medical care they receive, most of their hard-earned money is instead “diverted” directly into the coffers of the healthcare industry royalty.

Most doctors’ private practices have been bought up by huge hospital chains (or other investors), so only a few bits of the astronomical charges trickle down to the medical professionals laboring “in the trenches”.

One study found that millennials alone made up the largest chunk of people in the U.S. with medical debt, and those numbers are likely to get even worse if the current lawsuit against the Affordable Care Act is upheld in the Supreme Court.

All of this might even be defensible if the health care that Americans were getting was insanely good—if, after all, we were paying more for a demonstrably better system, right? But in 2017, the Commonwealth Fund, a health-care research organization, found that out of 11 wealthy countries surveyed, the U.S. ranked dead last for quality of health care outcome.

We’re paying
more and more money
for worse care and
worse results.

When Bernie Sanders pointed out that it costs 200 times more to have a baby in the U.S. compared to Finland ($12,000 to $60), former U.N. ambassador Nikki Haley accused him of wanting to shortchange American women.

Bloated executive pay isn’t contained to the health-care industry. Today, the average CEO pay is 312 times the average worker—that’s a stratospheric jump from 1978 when the ratio of CEO compensation was just 30 times a typical worker’s salary.

And unlike the rest of the world, American health care is a money-making industry, where the top metric for success is profit instead of patients.

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